Rox Hi Tech Limited — Important, 29-01-2025: General Updates
ROX Hi-Tech Limited has incorporated a new subsidiary, ROX HITECH ApS, in Denmark, effective immediately. This move aims to tap into international market growth opportunities and enhance the company's strategic presence overseas. The subsidiary operates in enterprise software development, IT consulting, and system integration, aligning with the core business activities of ROX Hi-Tech. The authorized and paid-up share capital of the subsidiary is €5,400, with an initial investment of approximately ₹78,000 for 864 shares at a face value of €1 each. This step is poised to bolster the company's operational capacity and enable it to leverage resources available in the region, fostering potential growth. Investors should watch closely for how this expansion affects ROX Hi-Tech’s international strategy and overall market position.
